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Problem regarding the production function

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Suppose the firm has a production function F(L,K) = min{2L,K}. What is the associated cost function? (please give the explanation and answer)

a) c(w,v,q)= qw + 2qv

b) c(w,v,q)= 2qw+ qv

c) c(w,v,q)= 0.5qw + qv

d) c(w,v,q)= qw + 0.5qv

Reference no: EM131280987

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